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GRI - G4 COMPLIANT
In Accordance - Comprehensive

ORGANISATIONAL PROFILE - Creating Enduring Value

ITC Limited is one of India's most valuable and admired corporations. Inspired by an abiding vision to sub-serve larger national priorities, ITC has pursued innovative strategies to synergise the creation of long-term shareholder value with the continuous enhancement of societal and environmental capital.

Creating Multiple Drivers of Growth

With a turnover of nearly $ 8 billion and a market capitalisation of $ 42 billion, ITC's aspiration to create enduring value for the nation and its stakeholders is manifest in its robust and diversified portfolio of traditional and greenfield businesses. The competitiveness of ITC's diverse businesses rest on the strong foundations of institutional strengths derived from its deep consumer insights, cutting-edge Research & Development, differentiated product development capacity, brand-building capability, world-class manufacturing infrastructure, extensive rural linkages, efficient trade marketing and distribution network and dedicated human resources. ITC's ability to leverage internal synergies residing across its diverse businesses lends a unique source of competitive advantage to its products and services. Today ITC is the country's leading FMCG marketer, the clear market leader in the Indian Paperboard and Packaging industry, a globally acknowledged pioneer in farmer empowerment through its wide-reaching Agri Business, the second largest Hotel Chain in India and a trailblazer in 'green hoteliering'. ITC Infotech, a wholly-owned subsidiary, is one of India's fast-growing IT companies in the mid-tier segment. This portfolio of rapidly growing businesses considerably enhances ITC's capacity to generate growing value for the country.

Creating World-Class Brands that Capture Value for India

ITC believes that it is of paramount importance to build and nurture world-class Indian brands which help create, capture and retain larger value for the Indian economy, in addition to generating sustainable livelihoods. A successful brand is a badge of honour for the country it belongs to, and a sustained source of wealth creation.

Leveraging the Company's core competencies, institutional strengths and internal synergies, the new FMCG businesses comprising Branded Packaged Foods, Personal Care Products, Lifestyle Retailing, Education & Stationery Products and Matches and Agarbattis have gained significant market standing over the years. This phenomenal growth has been rated by a Nielsen Report to be the fastest among the consumer goods companies operating in India. Within a relatively short span of time, ITC has established vital brands, many of which are today market leaders in their segments, or have garnered a significant share of consumer franchise. ITC's bouquet of brands includes 'Aashirvaad', 'Sunfeast Dark Fantasy', 'Sunfeast Dream Cream', 'Sunfeast Delishus', 'Sunfeast Mom's Magic', 'Sunfeast Yumfills', 'Sunfeast Bounce', 'Bingo!', 'Yumitos', 'YiPPee!', 'Candyman', 'mint-o', 'B Natural', 'GumOn' and 'Kitchens of India' in the Branded Packaged Foods space; 'Classmate' and 'Paperkraft' in Education & Stationery products market; 'Essenza Di Wills', 'Fiama Di Wills', 'Engage', 'Vivel' and 'Superia' in the Personal Care products segment; 'Wills Lifestyle' and 'John Players' in the Lifestyle Retailing Business; 'Mangaldeep' in Agarbattis and 'Aim' in Matches, amongst others.

Building Natural and Social Capital

ITC's Vision of sustainable and inclusive growth has led to the adoption of a triple bottom line approach that simultaneously builds economic, social and environmental capital. Its Social Investment Programmes including Social Forestry, Soil & Moisture Conservation, Sustainable Agriculture, Livestock Development, Biodiversity, Women Empowerment, Education, Skilling & Vocational Training and Health & Sanitation have had a transformational impact on rural India. These Programmes strive to empower stakeholder communities to conserve, manage and augment their natural resources, create sustainable on and off-farm livelihood sources and improve social infrastructure in rural areas. Through its businesses and associated value chains, ITC has supported the generation of around 6 million livelihoods, touching the lives of many living at the margins in rural India.

In line with its commitment to environmental goals, ITC has constantly strived to reduce the impact of its businesses, processes, products, and services and create a positive footprint. ITC has adopted a low-carbon growth strategy through reduction in specific energy consumption and enhancing use of renewable energy sources. At the same time it seeks to enlarge its positive footprint through increased carbon sequestration by expanding forestry projects in wastelands. 43.1% of the total energy requirement of the Company is today met from renewable sources, a testimony to its commitment to a low carbon growth path. ITC also endeavours to reduce specific water consumption and augment rainwater harvesting activities both on site and off site at watershed catchment areas, as well as minimise waste generation, maximise reuse & recycling and use external post-consumer waste as raw material in its units.

Achievements

ITC has received national and global recognition for its multi-faceted achievements. It has been ranked as 'India's Most Admired Company' in a survey conducted by Fortune India magazine and Hay Group. ITC has also been rated as the world's 8th largest 'sustainable value creator' among consumer goods companies globally, according to a report by the Boston Consulting Group (BCG). As a testimony to its exemplary triple bottom line performance, ITC has also been presented the World Business and Development Award at the historic Rio+20 UN Summit for its Social and Farm Forestry initiative. ITC Chairman Mr Y C Deveshwar has been ranked the 7th Best Performing CEO in the world by the Harvard Business Review in its January-February edition 2013. Mr Deveshwar has also been conferred the Padma Bhushan, one of the country's highest civilian honours, for his leadership in transforming ITC into an organisation with a deep commitment to national priorities of sustainable and inclusive growth.

ITC's Businesses and Brands

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FMCG

Hotels

Paperboards, Paper & Packaging

Agri Business

Information Technology

Supply Chain